ARI 17.4% 2.7¢ arika resources limited

Ann: Takeover Bid for NME Extension of Offer Period, page-59

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 469 Posts.
    lightbulb Created with Sketch. 190
    Hehe no I can't tell you that.
    Money made it is what it is, I'm sure MCT wouldn't want to go down this path. Who would?
    Yes NME has a "higher" SP, I could say a lot but at the end of the day NME has a TO bid buffering it's SP, MCT doesn't have that protection, so it is open to market reaction and there's plenty of material available to react to.
    We have only seen so much of the TO so far, Botched MRE results from historical results, drama with IER's & the TO panel, not to mention claims of JV agreement not met.... The list goes on and on. Plus MCT are still funding exploration so dilution & raising capital are issues NME haven't dealt with, yet.
    It will keep going on & on too I believe cause that's the animal we are dealing with here.
    2 companies, not much difference in the MC of both bit yes difference in the SP. Not comparing apples with apples.
    Fight it out or pick a side, which company is in the best position to further the tenement.
    My choice would be, TO approved, new directors sought (focus on skill set & appropriate salaries) Go find gold.
 
watchlist Created with Sketch. Add ARI (ASX) to my watchlist
(20min delay)
Last
2.7¢
Change
0.004(17.4%)
Mkt cap ! $14.22M
Open High Low Value Volume
2.3¢ 2.7¢ 2.3¢ $136.4K 5.235M

Buyers (Bids)

No. Vol. Price($)
1 400000 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 406796 3
View Market Depth
Last trade - 10.19am 14/11/2024 (20 minute delay) ?
ARI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.